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Wang Yi on China-United States (US) Economic and Trade Consultations: China Will Not Make Use of or Affect a Third Party, nor Will It Sacrifice a Third Party
2019-10-22

On October 21, 2019 local time, State Councilor and Foreign Minister Wang Yi answered a question on China-United States (US) economic and trade consultations in an exclusive interview with Agence France-Presse in Paris.

Wang Yi expressed, the trade war was started by the US side and the Chinese side was forced to make necessary and reasonable reaction with the aim of protecting the Chinese side's legitimate rights and interests while safeguarding the free trade system and the common interests of other countries including France.

Wang Yi said, the latest round of consultations between the two sides has made substantial progress, laying an important foundation for achieving a phased agreement. Facts have shown that as long as both sides carry out equal consultations in the spirit of mutual respect, there will be absolutely solutions acceptable for both, otherwise the consultations will be disturbed or suffer a setback. There are lessons to draw in this respect. If China and the US could reach an agreement, it will be foremost beneficial for China and the US and also for other countries such as France. This is because such an agreement between China and the US means that China's self-promoted reform and opening-up measures are recognized and supported by more countries, and indicates that the US will adopt a more equal attitude in economic and trade consultations with other countries, including with the European Union (EU).

Wang Yi expressed, in economic and trade consultations with the US, China will not make use of a third party or affect a third party, nor will it sacrifice a third party such as China-Europe relations. As the world's largest potential market, China's opening up is to all, and China will open up even wider not only to the US, but also to France and the rest of the world. At the same time, the Chinese side hopes that while conducting trade talks with other countries, the EU will also not affect a third party or undermine the Chinese side's legitimate interests, and in particular, continue to provide a more fair, just and non-discriminatory business environment for Chinese companies to enter Europe. The Chinese side is ready to work with other countries to uphold the free trade system, follow the trend of the globalization and build an open world economy.

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